In recent trading session, Lightwave Logic Inc (NASDAQ:LWLG) saw 1.39 million shares changing hands at last check today with its beta currently measuring 2.04. Company’s recent per share price level of $1.83 trading at -$0.38 or -17.42% at last check today assigns it a market valuation of $223.33M. That most recent trading price of LWLG’s stock is at a discount of -189.62% from its 52-week high price of $5.30 and is indicating a premium of 4.37% from its 52-week low price of $1.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.84 million shares which gives us an average trading volume of 959.01K if we extend that period to 3-months.
Lightwave Logic Inc (NASDAQ:LWLG) trade information
Upright in the red during last session for losing -17.42%, in the last five days LWLG remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $1.83 price level, adding 29.07% to its value on the day. Lightwave Logic Inc’s shares saw a change of -13.10% in year-to-date performance and have moved -15.51% in past 5-day. Lightwave Logic Inc (NASDAQ:LWLG) showed a performance of -34.82% in past 30-days. Number of shares sold short was 19.89 million shares which calculate 18.78 days to cover the short interests.
Lightwave Logic Inc (NASDAQ:LWLG)’s Major holders
Insiders are in possession of 0.71% of company’s total shares while institution are holding 27.79 percent of that, with stock having share float percentage of 27.99%. Investors also watch the number of corporate investors in a company very closely, which is 27.79% institutions for Lightwave Logic Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at LWLG for having 9.23 million shares of worth $27.6 million. And as of 2024-06-30, it was holding 7.7611 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 8.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.2479 of outstanding shares, having a total worth of $25.78 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 3.79 shares of worth $7.11 million or 3.51% of the total outstanding shares. The later fund manager was in possession of 3.09 shares on Oct 31, 2024, making its stake of worth around $5.8 million in the company or a holder of 2.87% of company’s stock.
